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MPP newsletter and property update: 25th February 2010

February 26, 2010 // Posted in Mallorca property finders, Mallorca property market, Price reductions and bargains (Tags: , , , , , , , ) |  No Comments

In case you are not on our regular newsletter list here is the text of out latest. If you would like to be kept up-to-date with the most interesting property opportunities and useful property news, sign up to our newsletters by clicking the link in the menu on the right.

Here is our latest update from Mallorca. It is still the quiet season but the property market is busier than it was at this time last year. While people remain sceptical that any significant economic recovery is under way, the positive in this for buyers is that there are still some good opportunities. Our advice continues to be to focus on getting a good investment and not to judge opportunities solely on the size of the “discount”. Our Feb/Mar update talks more about this and is worth a read if you have not already seen it (Mallorca property market update – Feb/Mar 2010).

It is also worth re-iterating that asking prices can be misleading. As the recession has progressed more owners have set competitive prices which means the purchaser could be getting a good deal even if the final negotiated price is not much lower. Equally, some owners are sticking by relatively high (pre-recession) asking prices and will only negotiate when a solid offer is on the table. The only way to judge where the best opportunities lie is to visit and get actively into the market. Our role is to help you do this and make it as productive as possible for you.

New listings

Here are a few new opportunities recently posted on our blog.

* Country villa, Pollensa. Recently built country house in a particularly good position in S’Ubach, a short drive from Pollensa Old Town. It has been reduced from 600,000 to 560,000 Euros.

* Garden apartment, Nova Santa Ponsa. This apartment is located in a prime community close to Port Adriano on the southwest coast. Euro 469,000.

* Country house, S’Arraco Andratx. Country house currently undergoing refurbishment. S’Arraco is a village just outside of Andratx, one of the most sought-after locations. Priced at 990,000 Euros.

* 4 bedroom villa, Puerto Pollensa. Villa is for sale in Gotmar, Puerto Pollensa. The town is within easy reach as is the beach. Villas of this specification are usually over 1m Euros. Price: 975,000 Euros.

* New build 2 bed apartments, Cala d’Or. These are the final units for sale and have been reduced to Euro 209,000. The properties have a recent bank valuation of 275,000.

This article might also be useful – Are bank valuations relevant to the real value of properties in Mallorca?

I hope this is of interest. If you are coming out to look at properties get in touch and we will start looking into the most interesting options for you.

Kind regards,

Mallorca Property Partners

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MPP newsletter : 11th February 2010

February 11, 2010 // Posted in Mallorca property finders, Mallorca property market, Price reductions and bargains (Tags: , , , , , , , ) |  No Comments

In case you are not on our regular newsletter list here is the text of out latest. If you would like to be kept up-to-date with the most interesting property opportunities and useful property news, sign up to our newsletters by clicking the link in the menu on the right.

Here is the latest on the Mallorca property market. The buying environment continues to evolve and if you are thinking of buying it is worth reading our latest market report. This one focuses on the wisdom of seeking out opportunities with “prime” properties rather than being tempted by those showing the biggest reductions.

≈ Mallorca property market update – Feb/Mar 2010

And here are a few properties that might fit the bill in this respect.

≈ CAD1932: garden apartment property for sale in Cala door, Southeast Mallorca

Cala d’Or has been hit more badly by the recession than some other coastal areas but still sits as one of the more established locations and popular holiday resorts. Now is a good time to pick up a good 2 or 3 bed holiday apartment / rental investment. This one stands out and has been reduced from 265,000 to 230,000 Euros.

≈ 3/4 bedroom apartment close to Port Adriano, Nova Santa Ponsa

Front-line communities in Nova Santa Ponsa and close to Port Adriano are certainly in the prime category. This one is towards the upper end of the market. Price: 1,000,000 Euros.

≈ 2 bed sea view apartment in Nova Santa Ponsa

And this one is more affordable at 450,000 Euros

≈ Ground floor apartment for sale, 2 bedrooms, harbour views, Puerto Andratx

A ground floor apartment which, unusually, has views over the harbour, the most desirable feature of apartments in Puerto Andratx. Price 750,000 Euros.

That’s all for this update; the next one will be in a couple of weeks and there are more properties being added daily to the blog. You can either bookmark the link below or subscribe to an RSS feed to receive them more regularly. If you are planning on a viewing visit get in touch and we’ll look into a selection specifically matching your requirements.

Until next time, kind regards,

Mallorca Property Partners

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Four bedroom villa for sale in Andratx, Southwest Mallorca

January 23, 2010 // Posted in Country houses for sale in Mallorca, Price reductions and bargains, Villas for sale in Mallorca (Tags: , , , , , , , ) |  No Comments

This villa-style property offers a chance to buy a family home at an affordable price in Andratx town, one of the most sought-after areas in Mallorca.
Country setting with views to the mountains

Ref: 14210

Location: Andratx, Southwest Mallorca

Type of property: Villa house

Bedrooms: 4

Bathrooms: 2

Plot Size: 2,000 m2

Living space: 180 m2

Price: 650,000 Euros

This villa style property for sale is situated in on a plot of approx. 2.000m2 with beautiful panoramic views over the town and to the surrounding countryside and mountains. Andratx town is a couple of minutes drive inland from the well-known and upmarket marina town of Puerto Andratx. This is a stunning coastal location and within easy reach of Palma de Mallorca and the airport.

The property itself is built on two levels giving a usable living space of approximately 180m2 plus large terraces with super views. The accommodation is set out as: 4 good size bedrooms, 2 bathrooms (1 en-suite), a large living-dining room with fire-place, family kitchen with dining space and plenty of storage.

Outside the house is surrounded by very nice mature gardens and there is a swimming pool also views to the mountains. There is also a double car port and a barbecue area.

Overall this property is in good order with air conditioning and is ready to move into. There is also scope for modernisation and improvement making this an interesting investment opportunity. It would make an ideal permanent family home or regular holiday home / rental investment.

≈ Email us for more details
≈ Search for similar properties

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2-bed apartment, large terrace and wonderful views, Puerto Pollensa, North Mallorca

January 19, 2010 // Posted in Apartments for sale in Mallorca (Tags: , , , , , , ) |  No Comments

Mountain views

Ref: PTP1853

Location: Puerto Pollensa, North Mallorca

Type of property: Apartment

Bedrooms: 2

Bathrooms: 1

Living space: 86 m2

Price: 299,000 Euros

This apartment is for sale in Puerto Pollensa. It is in a central location and features a super south-facing dine-out terrace. Puerto Pollensa is one of the most well-established resorts in Mallorca. It has a super beach and is surrounded by stunning coastline and countryside. Pollensa Old Town is close by and Alcudia is also just a short drive. Palma and the airport are a comfortable 45 to 50- minute drive away.

The property itself is a sunny penthouse apartment not far from the attractive market square. The spacious and south oriented terrace offers panoramic views to the Tramuntana mountain range and offers plenty of space for sunbathing and barbecues. The interior of this apartment is nicely decorated and well looked after, offering a fitted kitchen with dining area, a lounge dining room, two good sized bedrooms with built n wardrobes and a family bathroom. The apartment also has air conditioning, electric blinds and wood flooring.

≈ Email us for more details
≈ Search for similar properties

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Five great apartment investment opportunities – January selection

January 18, 2010 // Posted in Mallorca property finders, Price reductions and bargains (Tags: , , , , , , , ) |  No Comments

Here is a special January selection, for those looking for a good apartment investment for less than Euro 400,000. Following on from our latest market update, it is not difficult to find apartments at this price level, and plenty are being advertised at significant price reductions. The challenge however is to find good properties in good locations that will “bounce back” quickly as the recovery from recession takes hold.

Here are five such apartments, all in good locations within well-established and sought-after areas. Prices in this selection start at Euro 245,000, click on the blue title links for full details.

3 bed apartment close to the beach, Puerto Pollensa.

Apartment is in a good location just 150 metres or so from the beach. The price has been reduced from Euro 335,000 to 295,000.

Price : Euro 295,000

Two bedroom apartment for sale overlooking Port Adriano.

Port Adriano is a prime locations on the Southwest Coast of Mallorca. An ideal holiday bolt-hole or base for someone with a boat in the marina.

Price : Euro 245,000

Super value sea view apartment for sale – Porto Cristo Nova.

Recently to the market this is an exceptional price for a sea view property. Great investment potential as a holiday home rental property.

Price : Euro 245,000

2 bed apartment for sale in Puerto Andratx.

This apartment property in Puerto Andratx is for sale at a very competitive price for this location – within easy walking distance of the harbour and town.

Price : Euro 385,000

Apartment for sale, Puerto Pollensa.

A spacious apartment close to the sea and with three bedrooms – reduced from 380.000 Euros to 320.000 Euros. An interesting opportunity at this price level.

Price : Euro 320,000

≈ Browse through all our selected apartments for sale listings. Please note this is just a selection of properties from our partners across Mallorca. If you are looking to buy in the coming months we will look into the best options according to your personal criteria. Email us with your requirements via the link below.
≈ Email us for more details on apartment properties in Mallorca

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